Passerinvest Group is set to issue CZK 1.5bn in bonds to finance acquisitions of office buildings at BB Centrum in Prague 4-Michle, which the company developed and sold over the years but now wants to buy back. The company issued CZK 550m worth of bonds in 2014. The news was published by Hospodářské noviny, but the head of the company, Radim Passer, declined to reveal which buildings he plans to buy in the near future. He said, however, he is planning an IPO.
